Opinion

Nandan Nilekani, the former chairman of the Unique Identification Authority of India, has hailed Indian Prime Minister Narendra Modi’s move to demonetize high-value currency notes—removing 500 and 1,000 rupee notes, which together comprised 86 percent of the cash in circulation—saying it will boost India’s digital economy. “The shock given to the currency” will accelerate the…

Read more If India’s Demonetization Was All About Going Digital, Then Why the Rush?